TEJO SURTY: CARBONEUM

CARBONEUM Democratized Social Trading Platform Pre-Sale

Social Trading has been around for several years now, with well known platform ZuluTrade being set up back in 2006.
But it is only more recently that is has begun to take off in a major way.

For example ZuluTrade now supports a total of 65 different brokerages and has grown into a huge company.

Social trading allows traders to see what positions other traders are opening in real time and either manually follow these positions or follow all the trades of this particular trader.

The primary idea behind social trading is very simple, it allows individuals to piggyback on the results of successful traders allowing them to make considerable amounts of profit.

In turn the followed traders themselves make significant commissions for each person who decides to follow their trades. Giving successful traders a reason to share their successful techniques and strategies with the wider Forex community.

This type of trading takes a lot of the difficult decisions out of the trading process and this is partly why it has been pushed so heavily by brokerages.

As it attracts a whole new breed of traders who don’t have an in-depth understanding of the financial markets but do understand that there is much money to be made from day trading etc.
But social trading isn’t without its own risks.

A number of traders engage in high risk trading strategies in the hopes of making significant commissions from followers, often these systems blow up leaving lots of their followers with huge losses.

These trading sites have countered this problem with a number of different methods, eToro for example allows some to assign a maximum of 20% of their total capital to following one individual trader.
Even these kind of measures still leave traders facing significant risks.

This particular industry has flourished and will continue to flourish due to the fact many people will be attracted to the possibility of making significant returns on their capital from simply following the trading actions of others.

However the significant risks involved with such trading are often vastly understated.

Getting into social trading can be done for very little with some social trading brokerages requiring deposits of no more than $50.

While I’m sure there have been a number of major success stories when it comes to social trading, I am willing to be there have been a similar number of substantial losses.

Before getting involved individuals should take a long hard think about whether this activity is suitable for them.

Project Description

CARBONEUM is creating a decentralized social trading platform, named CoinRadars.

CARBONEUM is an openly distributed protocol owned by every single user.

Where traditional social trading platform helps solve complexity problem, it still lacks transparency and remains vulnerable to single point of failure risk.

The platform will be completely immune to such problems.

It is built to sustain and scale with a sound revenue model where perfect alignment of interests is structured.

Business Model & Trading Mechanism How Does CARBONEUM Work?

The model for major source of revenue is very simple; success fee will be collected upon each and every, but limited only to, successful, positive yielding trade.

We will issue our token called ‘CARBONEUM Token’ (C8), to be used primarily on, but not exclusively to, social trading features for digital assets.

C8 certainly offers other utilities for premium services in the future, such as substantial discount on every type of fee.

CARBONEUM is also an open protocol for decentralized copy trading on Ethereum blockchain.

It intends to serve a basic functionality for copy trading and benefits distribution between copying and copied investor, or in our terms, follower and leader.

Using a publicly accessible system of smart contracts can act as shared infrastructure for a variety of decentralized applications (dApps) and platforms.

It allows creating sophisticated platform tailored for investor requirements.

C8 token is ECR20 smart contract which allows follower to pay their leader and be used in other activities on CoinRadars platform.
Specifically, C8 token holders will be benefited greatly in terms of discount on premium services, in which the fee will be reduced in half if paid by C8 token.

That rate will be gradually reduced to 8 percent entering the 4th year and remain at that level perpetually for C8 token holders. However, it is of great significance to note at this stage C8 token can also be used in StockRadars and FundRadars applications to activate extra discounts on premium and exclusive features.

CARBONEUM Roadmap

The pre-sale period starts on 8 March 2018, followed by the public sale on 22 April 2018.

Other key dates and related actions are listed in the following timeline

CARBONEUM Token Repurchasing Plan
It is our intention to gradually reduce the number of C8 by using our profit to repurchase and terminate them over time.

Entering the second year after its launch, 20 percent of our net profit will be used to repurchase C8.

In third year, we will do this semi-annually.

And from fourth year onward, C8 will be repurchased and burnt on the Ethereum blockchain on a quarterly basis until half of C8 coin is repurchased, leaving 100 million C8 coins in the open market. All repurchasing effort will be recorded on the blockchain.

Trade like a pro

It is defined as a service which enables any users to take a role of follower, giving the green light to them to duplicate the transactions of a leading trader.

The greatest achievement social trading brought to this world is allowing new investors to simply take a shortcut and deem the need to educate themselves about financial product unnecessary.

Knowledge Trading Platform

Social trading or copy trading is a service which enables any users to choose expert trader to follow, establishing a “follower & leader” type of relationship, based on the expected returns and risk preferences, and delegate the authority to execute copied trade orders automatically to CARBONEUM via ECR20 smart contract system.

Reward Trading Platform

In the event that users generate positive results from any trade copied from the leaders, users will be charged a certain percentage-base amount of fee by the system.

The system will then transfer the majority of that fee to the leader as a mark-up for their service, with the remaining amount being kept as platform’s revenue.

For more information and to join Carboneum social media, please follow some resources for the following references:

WEBSITE :https://carboneum.io/
WHITEPAPER :https://carboneum.io/documents/Carboneum_Whitepaper_V8.6.pdf
FACEBOOK :https://www.facebook.com/carboneum.io/
TWITTER :https://twitter.com/carboneum_io
TELEGRAM :https://t.me/c8marketing